NXP Semiconductors NV (NXPI) PT Raised to $276 at UBS

UBS analyst Francois-Xavier Bouvignies raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $276.00 (from $250.00) while maintaining a Buy rating.

The analyst commented, "We believe they will deliver a strong Q2'25 along with a strong Q3 guide, leading to a c5-10% upgrade to cons FY'25 EPS. The shares are up 9% in the past month, suggesting some of this is priced in, however, other analog peers have rallied up to 20% on similar hopes of a cyclical bounce. As the cycle turns we also believe the duration of the rally is likely to continue and reiterate our Buy rating."

You May Also Be Interested In

• Bicara Therapeutics Inc (BCAX) PT Raised to $39 at BTIG
• Neuronetics (STIM) PT Raised to $6 at BTIG
• Rapid7 (RPD) PT Raised to $13 at Stifel